Sunday, July 26, 2015

XinQuan Starting a bullish Trend?

 Yesterday, I met Mr Koon Yew Yin, one of successful investor in Malaysia yesterday and he mentioned that he only hold 5 Stocks, VS, Latitude, Poh Huat, Lii Hen, XinQuan. According to Mr Koon, he usually buy stock with good fundamental. This sparks an interest of me to give this stock an analysis. 

Without our System, If you have bought Xin Quan one year ago and hold it till now, you will still be losing about 40% of your capital.

If you Follow Supertrend System, Buy on first green candle, sell on First Orange candle. You would have profited 30% gain.

Last friday we saw a green candle, seems like there is some buying over there. Stoploss if price fall below RM0.44